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20-21 >> ACT 112-1 (Lec) >> Principles of Accounting 1 Ont 2020, Canada Ltd rented out part of an office block. Canada Ltd received 518

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20-21 >> ACT 112-1 (Lec) >> Principles of Accounting 1 Ont 2020, Canada Ltd rented out part of an office block. Canada Ltd received 518 000 in advance for a nine-month period. The receitas credited to alability account On 31 December 2020, Canada Ltd's year-end, which of the following adjusting journal entries should be made? Select one OR Rent recevable $12.000 CR Rent income $12.000 Os Rent receivable $12000; CR Rent income $12000 DR Ront receivable $12.000 CR Rent income $12.000 b. OR Rent income $6000 CR Unearned rent income $6000 ORC $12000: CR Rent income $12000 d. DR Unmanned cont income $12.000 CR Rent income $12000 Net

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